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BoT: Economic trends to improve; Business confidence index to rise

BANGKOK, June 30 (TNA) – Thailand’s economy is expected to have hit bottom and the business confidence index is projected to increase to 50.2 in the next three months, its…

New savings bonds won’t affect liquidity, says BoT

BANGKOK, June 27 (TNA) – The government’s plan to issue its first batch of savings bonds – an issue valued at Bt 50 billion — will neither fuel rising interest…

Thai Chamber urges central bank to move baht closer to other currencies

BANGKOK, June 12 (TNA) – The Bank of Thailand (BoT) should closely supervise the baht to ensure it does not appreciate considerably and that it moves in the same direction…

BoT confident of Thai banks strength, despite possible Moody’s downgrade

BANGKOK, May 27 (TNA) – Thailand’s commercial banks still enjoy stable financial positions despite a likely move by Moody’s Investors Service to place the debt and deposit ratings of 11…

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